Exchange

Liquid to List Metacoin, a Hyperledger Based Token for Secondary Trading

d.com, the global platform for cryptocurrency trading, will list Metacoin (MTC), the world’s first cryptocurrency based on hyperledger. Liquid provides trading services for leading cryptocurrencies like Ethereum and Bitcoin against fiat currency like the US, Singapore Dollar, and Australian dollars, Japanese Yen, and Euro.

Besides, Liquid is the world’s biggest crypto-fiat platform by exchange volume, which is regulated in Japan. It is backed by the World Book, which offers its customers higher price matching and more profound liquidity for different fiat and digital currency sets.

Metacoin is a venture, centered on extending blockchain technology to solve the difficulties like security and scalability that the conventional cryptocurrency is yet to deal with. It is the latest commercialized mainnet dependent on the Linux Foundation’s Hyperledger Fabric; Metacoin at present has a few key projects in its kitty.

V.P. of INBLOCK (METACOIN), Jay Baek said,

“We’re excited about the listing of Metacoin on Liquid. As one of the largest, most secure and reputable exchanges globally, Liquid will offer best-in-class security to anyone looking to trade and hold MTC. More importantly, being listed on a major exchange is aligned with our mission of creating new value through collaborations with other companies and business support.”

Metacoin expects to solve two major problems in blockchains such as security and scalability, by executing its node into LinuxONE. Through this initiative, Metacoin will not only be able to protect and secure the client’s information but also can handle a large number of transactions every second safely and securely.

CEO and co-founder of Liquid, Mike Kayamori said,

“We are delighted to be the first global cryptocurrency exchange to add Metacoin to our offering of digital assets on Liquid, and also the first exchange to be able to support projects built on Hyperledger. The ability to support Hyperledger-based projects is certainly an important step towards our mission of providing liquidity to the crypto economy.”

Hyperledger is an open-source collective effort developed to improve blockchain technologies across different sectors. Hyperledger is facilitated by the Linux Foundation; it is a worldwide association that comprises of pioneers in Banking, finance, IoT, Manufacturing, supply chains, and Technology.

Currently, Hyperledger Fabric supports DLT solutions for an extensive scope of businesses and increases the confidentiality, strength, and adaptability of blockchain solutions through its modular engineering.

Besides, to acknowledge Metacoin’s listing on Liquid, two teams of Metacoin and Liquid have chosen to give a 1 percent bonus to any individual who deposits over 1,000 MTC and a 3 percent bonus for any individual who deposits more than 30,000 MTC on Liquid. Moreover, Metacoin and Liquid have plans to host a trading contest that gives rewards up to 1,000 MTC to the top 100 clients in exchanging volume towards the end of the promotion.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.
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